Tagged: Culture

Multiple Births as Media Spectacle

by theoryforthemasses In the past week considerable debate has emerged over the birth of a set of octuplets to a California woman. Controversy has surrounded both the doctors who facilitated the births as well as the mother herself, who is single, unemployed, and has six other children. The attention that is being paid to this family by both the media and ordinary people who are eager to share their opinions on fertility treatments and parental responsibility has created nothing short...

A "New" Economics 101

  by theoryforthemasses In a recent New York Times op-ed, columnist David Brooks questions whether the old, “rational,” Keynesian model of economics is truly useful for trying to understand the current economic crisis. He suggests that while economists have traditionally built elegant economic models of efficient markets based on rational actors, the process of making economic decisions is actually much more complex. Brooks explains that these complexities, which are informed by actors’ various strategies, memories, and intuitions, are what influences...